Hasan Tuluy is the new head of the WB for the LAC region

Turkish and great promoter of inclusive development, will become the new Vice-President of the World Bank for Latin America and the Caribbean (LAC) from January 1, 2012. Tuluy will oversee the credit operations - knowledge and fight against the poverty of the Bank for the region - which reached US$ 9,600 million in FY 2011.

With vast experience in development issues, particularly in the Middle East and Africa, Tuluy has contributed to the strategic approach of the Bank to middle income countries.

"Greatly appreciate the opportunity to work in Latin America and the Caribbean, a region which has shown that successful results can be obtained through policies and appropriate leadership", said. "Makes just a decade, Lac entered a downward spiral because an international financial crisis that instigated some kind of recession in many of their countries." As of 2003, the region has reaped the fruits of one's u000a"their periods of growth stronger, lifting out of poverty moderate to 73 million people and reducing the rate of indigence by half".

Tuluy replaces Pamela Cox, who after seven years of work in the region, will take over as Vice-President for the East - Asia-Pacific region. Referring to the global uncertainty, Tuluy said that "while still we cannot know what impact will the eurozone debt crisis in the region, the social progress achieved with great effort could be at risk.

They should be protected, and we are ready to help, working with our regional partners in development".

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